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UK CPI eases in June; textile producer inflation at 3.8%

UK CPI eases in June; textile producer inflation at 3.8%



UK CPI eases in June; textile producer inflation at 3.8%

UK consumer price inflation moderated in June 2026, with the Consumer Prices Index (CPI) rising by 2.6 per cent year on year (YoY), down from 2.8 per cent in May. On a monthly basis, CPI increased by 0.1 per cent, compared with a rise of 0.3 per cent in June 2025, according to the Office for National Statistics (ONS).Clothing and footwear prices fell by 0.5 per cent in the year to June 2026, reversing a rise of 0.2 per cent in May. On a monthly basis, prices declined by 1.2 per cent, compared with a smaller fall of 0.4 per cent in June 2025.

Clothing and footwear prices typically decline in June as the summer sales season begins. The proportion of discounted prices increased more strongly between May and June 2026 than during the corresponding period a year earlier.

UK CPI inflation eased to 2.6 per cent YoY in June 2026, while core CPI remained unchanged at 2.6 per cent.
Clothing and footwear prices fell 0.5 per cent YoY and 1.2 per cent MoM amid stronger summer discounting.
Producer input inflation slowed to 7.3 per cent, while textile, apparel and leather factory gate prices rose 3.8 per cent YoY.

Core CPI, which excludes energy and food rose by 2.6 per cent YoY, unchanged from May. The CPI goods annual rate slowed from 2 per cent to 1.7 per cent, while services inflation eased from 3.7 per cent to 3.6 per cent.

Similarly, producer input prices rose by 7.3 per cent in the year to June 2026, moderating from a revised increase of 9.3 per cent in May. Input prices fell by 2 per cent MoM, with crude oil making the largest downward contribution to the change in the annual rate.

Producer output, or factory gate, prices increased by 3.5 per cent YoY in June, down from a revised 3.7 per cent in May, and were unchanged on a monthly basis. Refined petroleum products provided the largest downward contribution to the change in output price inflation.

Within manufacturing, output prices for textiles, wearing apparel and leather products rose by 3.8 per cent YoY in June, easing from 4 per cent in May. Prices in the category increased by 0.1 per cent MoM, following a 1.6 per cent rise in May.

Fibre2Fashion News Desk (MS)



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